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Cologne, MN vs Greenwood, MN

106
Cologne
Minnesota
VS
-41.3%
180
Greenwood
Minnesota

The cost of living difference between Cologne, MN and Greenwood, MN is dramatic. Cologne is 41.3% cheaper than Greenwood, a gap that translates to thousands of dollars per year in household expenses. Cologne has a cost index of 106 while Greenwood sits at 180, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Cologne are $356,600 compared to $1,041,700 in Greenwood, a 66% gap.

Median household income in Cologne is $117,344 compared to $199,063 in Greenwood (-41.1%). The higher salaries in Greenwood partially offset the cost difference, but don't fully close the gap.

Income & Cost

Cost of Living Index
Cologne
106
41% cheaper
Greenwood
180
Median Household Income
Cologne
$117,344
Greenwood
$199,063
41% higher

Housing

Median Rent
Cologne
Greenwood
$1,917
Median Home Value
Cologne
$356,600
66% cheaper
Greenwood
$1,041,700
Population
Cologne
2,146
Greenwood
720

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cologne $3.20
Greenwood $3.20
US $3.07
🥚
Eggs (grade A, large)
Cologne $2.61
Greenwood $2.61
US $2.50
🥛
Milk (whole)
Cologne $4.21
Greenwood $4.21
US $4.03
🍞
Bread (white)
Cologne $1.93
Greenwood $1.93
US $1.85
🍗
Chicken breast
Cologne $4.33
Greenwood $4.33
US $4.14
Electricity
Cologne $0.17
Greenwood $0.17
US $0.19